finance

Parliament embarks on budget consultations

PARLIAMENT today embarks on nationwide consultations to gather citizens’ inputs on the 2026 National Budget.Advertisements This comes as the government says the 2026 National Budget would seek to further boost the country’s economy, lift the lives of the poor, and support ailing businesses. In a notice yesterday, Parliament said the public consultations would be conducted…

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Tourist arrivals soar

ZIMBABWE recorded a significant increase in tourist arrivals in the second quarter of 2025, with 471 041 visitors entering the country, up from 381 293 during the same period in 2024, according to Zimstat.Advertisements This comes after President Emmerson Mnangagwa implored international exhibitors to continue supporting the country’s tourism products. In a transport statistics brief,…

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Harnessing big data and intelligent decision support systems

BY JACKSON T MASHINGEAdvertisements IN today’s fast-paced, data-driven world, organisations across various sectors in Zimbabwe are grappling with unprecedented challenges. Rapid technological advancements, shifting consumer expectations, and increasing market volatility necessitate timely, accurate, and strategic decision-making. A single misstep can lead to significant consequences, making Intelligent Decision Support Systems (IDSS) essential tools for navigating this…

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Due diligence key in property deals

BY LEONITA MHISHIAdvertisements BUYING or selling real estate is often the largest financial transaction many Zimbabweans will ever undertake, whether it is a modest residential stand, a commercial building in the capital, or agricultural land on the peripheries of urban centres.Yet in a fast-moving property market shaped by demand, speculation, and sometimes desperation, many participants…

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Mobile subscriptions, data penetration surge

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says the country has seen a sharp rise in active mobile subscriptions, resulting in an increase in mobile penetration across the nation.Advertisements In a sector performance report for the second quarter of 2025 released last week, Potraz director Gift Machengete said he was happy with the…

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Don’t ask AI to fix a PR problem you haven’t defined

BY KEVIN MWENYEAdvertisements THERE’S a peculiar challenge facing public relations (PR) professionals in Zimbabwe and across much of Africa today. We are being told to embrace AI in our work, yet many of our clients, stakeholders, and even colleagues still don’t fully understand what public relations is. It’s like being asked to build a second…

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Simbisa eyes 61 new outlets

SIMBISA Brands (Simbisa) says it will continue to expand its store network and maintain market share through a new store pipeline of 61 outlets across the companyoperated markets for the full year to June 30, 2026.Advertisements The Victoria Falls Stock Exchange-listed group said during the year ended June 30, 2025, it continued to grow with…

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Mukuru banks on new products, technology

MUKURU Financial Services Zimbabwe (Mukuru) is targeting to turn to profitability in the next 12 months, driven by increased wallet activities and the rollout of new products.Advertisements This comes as the deposit-taking microfinance bank made a loss after tax of ZWG20,2 million during the 15 months to March 31, 2025. Mukuru chairman, Bongai Zamchiya, said…

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Government engages miners on power crisis

AUTHORITIES are currently engaging with mining companies, smelters, and manufacturers to align grid expansion plans and ensure reliable and affordable power is available in the country.Advertisements Speaking in South Africa on Wednesday during the ongoing African Energy Week, Energy minister July Moyo said investors in renewable energy need to see long-term agreements, respect for contracts,…

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Supply gaps: How SMEs can plug into procurement for big mining houses

BY SHERPHARD KEMBOAdvertisements WHEN people hear the word mining, their minds often race to giant excavators, billion-dollar shafts, and global commodity markets. But behind the glossy reports of gold ounces and platinum tonnage lies a truth often overlooked: mines survive on the small, every day supplies and services that keep operations running.From the humble bolt…

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